According to the company, the water comes from a "reputable source" based out of Montebello, Los Angeles. Lightweight and affordable, PATH bottled water undergoes a 7-step reverse osmosis process and is enhanced with electrolytes. "Aluminum is a much more highly valued commodity than plastic, therefore companies have more incentive to recycle and reuse that recycled material in future. Aluminum is infinitely recyclable, while plastic often gets downcycled, resulting in more waste," said the company. In addition, the process of recycling, transportation, and distribution of aluminum has a significantly smaller footprint compared to other liquid packaging alternatives such as plastic and glass, the company claims. Using a PATH water bottle in place of a single-use plastic water bottle can save an average of 156 plastic bottles annually helping, according to the company.Īs a recyclable material, the recycling rates of aluminum are almost twice the rate of plastic, according to PATH. The World Economic Forum predicts that by 2050 there will be more plastic in the world's oceans with a huge contributor being single-use plastics. PATH's ultimate goal and mission is to eliminate the 10 billion plastic bottles going into landfills and oceans by 2025 by reducing consumers' reliance on single-use plastic with a more sustainable, reusable packaging alternative.Ĭollectively, Americans purchase about 50 billion single-use plastic water bottles per year. We hope that our partnership with PATH will encourage other organizations to follow in our footsteps," commented Ho Nam, managing director and co-founder of Altos Ventures. " At Altos, we strive to lead by example by integrating sustainability in our investment and business practices. "This partnership brings the beverage industry and Silicon Valley together to usher in a new era of bottled water. This funding will accelerate our mission to bring the plastic crisis to the forefront and create a scalable platform for sustainability,” said PATH co-Founder & CEO Shadi Bakour.
Launched in 2015, PATH has grown its distribution footprint to over 50,000 retail doors and formed partnerships with other organizations including The Sacramento Kings, Orange Theory Fitness, 1 Hotels, Alo Yoga, State Farm, and Yellowstone National Park to help reduce their single-use plastic bottled water use.
The recent funding was led by Altos Ventures, the company's largest investor to date, alongside Blue Investment Group HartBeat Ventures, Kevin Hart’s venture fund Ryan Seacrest Guy Fieri and Ninja, among others.
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